16 River Street, Scugog, ON

$999,000
MLS#:E9514201
5 beds
4 baths
17.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Scugog. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Premium 140.05 x 312 ft lot size
  • Features a separate entrance, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 17.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Primary Bedroom - Main Floor, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Charming Family Home with 1-Bedroom In-Law Suite in Seagrave!Welcome to this expansive family home nestled in the serene community of Seagrave, just 10 minutes from Port Perry and a short drive to the 407, Oshawa, and Lindsay. This inviting property features a thoughtfully designed layout with four spacious bedrooms upstairs and a cozy one-bedroom in-law suite downstairsideal for growing families or multi-generational living.The private entrance to the in-law suite adds an extra layer of privacy and independence for its occupants, making it perfect for extended family or guests.Additional amenities include a single-car attached garage for everyday use and a spacious 2.5-car detached heated garage, offering ample room for vehicles, extra storage, or a workshop. Sitting on a beautifully landscaped corner lot, this property boasts a backyard oasis made for relaxation and entertaining. Enjoy sunny afternoons on the perfect deck or cozy up around the large fire pit during cooler evenings with family and friends.The paved driveway complements the stunning curb appeal of the home, accented by vibrant gardens. For nature lovers, the Nonquon River and snowmobile trails are just up the road, offering year-round outdoor adventure.This home seamlessly blends comfort, functionality, and a touch of luxury in a peaceful setting. Don't miss out on this opportunity schedule a viewing today and make it yours!

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Property Summary

This detached home located at 16 River Street, Scugog is currently for sale and has been available on SousaSells for 626 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 5 beds, 4 bathrooms, and is unknown square feet. 16 River Street, Scugog is in the Rural Scugog neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 15, 2024
Sold price information is available to members only
Listed Date10/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished with Walk-Out
Lot Size140.05 × 312 Feet
CountyDurham
Annual Tax$6,060
Legal DescriptionPTLT 24 CON 12, REACH, PT 1, 40R8743 TOWNSHP OF SCUGOG

Parking & Garage

Parking Spaces17.0
Garage Spaces14
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School Bus Route

Interior Features

Water Heater Owned, Primary Bedroom - Main Floor, In-Law Suite, Auto Garage Door Remote

Security Features

Community Features

Location

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16 River Street, Scugog, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 River Street, Scugog, ON L0C 1G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Scugog.

Configure Loan Settings

Interest Rate4.00%
Down Payment$299,700 (30.0%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period30 Years
Estimated Monthly Payment$3,325Based on a loan of $699,300 over 30 years.
Purchase Price$999,000
Loan Amount$699,300
Provincial Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$16,455

About Purchasing a Home in Scugog, ON

For a property listed at $999,000 in Scugog, the legal minimum down payment is $74,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,455 for this transaction. As this listing is in Scugog (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Scugog, Scugog.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,220,142

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.